Bloomberg Features Bitcoin, Ethereum Cold Storage Trading
January 19, 2019
Cryptocurrency–Despite coin prices getting off to a shaky start in 2019, with price volatility continuing from last year’s ongoing bear market, the narrative towards cryptocurrency is making a decidedly positive change towards…
Bitcoin (BTC) Price Analysis: Closing in on Major Support Zone
September 7, 2018
Bitcoin had a pretty steep drop in the past 24 hours, taking price close to the long-term floor around $6,000 once more. A bounce off this area could lead to another test of nearby resistance levels or even stronger bullish momentum as…
Bitcoin (BTC) Price Analysis: More Bullish Confirmation
September 3, 2018
Bitcoin continues to hover around the resistance of its rising wedge formation and might be due for an upside break. After all, the 100 SMA is starting to cross above the longer-term 200 SMA to signal that the path of least resistance…
Bitcoin Trading: e-bike Business Owner's Account Shut Down by High Street Banks.
August 24, 2018
Scott Snaith, the owner of 50cycles – an e-bike company, recently had his bank accounts frozen by two prominent banks in the United Kingdom. Snaith is accusing both banks of discriminatory practices due to his involvement in…
Bitcoin (BTC) Price Analysis: New Channel Forming!
August 23, 2018
Bitcoin continues to trend higher even as it sold off from the recent sharp rally. Price is testing support at the bottom of its ascending channel on the 1-hour time frame, and the Fib extension levels show upside targets.
The bottom…
Bitcoin (BTC) Price Analysis: Can More Bulls Join In?
August 22, 2018
Bitcoin bulls have charged past the $6,600 near-term resistance to push price to the $6,900 mark before pulling back. Applying the Fibonacci retracement tool on the latest swing high and low shows where more buyers could be waiting to…
Bitcoin (BTC) Price Analysis: Another Bearish Break!
August 21, 2018
Bitcoin recently formed higher lows and found resistance at $6,600 to create an ascending triangle before breaking down. This signals that a downtrend is underway, likely the same height of the formation that spans $800.
The 100 SMA is…
Bitcoin (BTC) Price Analysis: Inverse Head and Shoulders
August 17, 2018
Bitcoin could be done with its slide as it forms an inverse head and shoulders pattern on its 1-hour time frame. This is seen as a typical reversal signal, so a break past the neckline could confirm that an uptrend is in the cards.
The…
